I’ve made around 15 small angel round investments. Some via Ohio Tech Angels and some on my own. Angel investing is like Moneyball in baseball. You must take a minimum of ten trips to the plate. For every ten, expect to strike out five times, hit 1-3 singles, hit 0-1 doubles or triples, and 1 home run. So, every investment must be screened to be a home run – a 10x return. Some recent investments are…
- Complion – clinical trial record keeping for clinical research sites
- MentorclIQ – corporate employee mentoring software app
- TNEDICCA – location-based crash intelligence for the insurance industry
- Popcom – vending technology for the future of retail. And my first crowdfunding experience.
In angel investing, you win or learn. You never loose and there are no regrets. Here are a few lessons I have learned…
| Sector | Business | Lesson Learned |
| Healthcare | Harvesting pluripotent stem cells from wisdom teeth | Co-founder alignment |
| Energy | Manufacturing eco coal briquettes from above-ground coal fines and bio waste | Co-founder alignment |
| Martech | Influencer marketing | Over-communicate pivots to investors. Or avoid pivots with more MVP testing before investment. |
| IT | Enterprise video training platform | More MVP testing before investment |
| IT | Sales productivity tool | Slow end user adoption due to their reqd behavior changes. |
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S M T W T F S - There is No Someday 